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Welcome to our new news section. Here you will find out what's going on in the business. News is updated as it's released from thousands of media sources.
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News Headlines
Markets and Analysts Skeptical of COSCO-CSCL Merger Plan3 years 5 months ago
Added: Dec 15, 2015 08:21
Investors and analysts have reacted to the details of the confirmed merger of COSCO and China Shipping Group subsidiary CSCL with skepticism, sending shares of most of the affected listings down. Read more
Source: Maritime Connector
Largest-ever containership in U.S. coming to Port of Oakland3 years 5 months ago
Added: Dec 15, 2015 08:16
The largest containership to ever visit the U.S. is scheduled to arrive here New Year's Eve, the Port of Oakland announced this week. Read more
Source: Maritime Connector
Iranian, French firms finalize FLNG talks3 years 5 months ago
Added: Dec 15, 2015 08:08
Iranian companies and a French firm have reached a final agreement on floating production of LNG from associated gas at an oilfield in the Persian Gulf, Deputy Petroleum Minister Roknoddin Javadi says. Read more
Source: Maritime Connector
CMES Orders Four VLCCs3 years 5 months ago
Added: Dec 15, 2015 07:57
State-owned shipping operator China Merchants Energy Shipping (CMES) has signed building contracts for four of its planned ten very large crude carriers (VLCC). Read more
Source: Maritime Connector
IRISL: Back in from the Cold3 years 6 months ago
Added: Dec 14, 2015 08:26
Sanctions against Iran are anticipated to be lifted early next year – the nation's shipping lines are raring to go. Read more
Source: Maritime Connector
Marine insurers re-draw high risk area in the Indian Ocean3 years 6 months ago
Added: Dec 14, 2015 08:24
London-based marine insurers have decided to re-draw the boundaries of areas in the Indian Ocean prone to pirate attacks following relentless lobbying by India amid a sharp fall in such incidents compared to five years ago. Read more
Source: Maritime Connector
Low shipping demand slicks fuel oil's fall3 years 6 months ago
Added: Dec 14, 2015 08:18
Heavy-fuel-oil prices here have hit their lowest level in over 11 years, and look to remain sluggish as lackluster shipping demand and cost-saving measures by Japanese industry compound a supply glut. Read more
Source: Maritime Connector
Spotlight on Indonesia featured at Gastech Singapore3 years 6 months ago
Added: Dec 14, 2015 07:28
At the Gastech Conference & Exhibition held from 27 to 30 October 2015 at the Singapore Expo, the organisers of Gastech, dmg :: events, also held a"Spotlight on Indonesia". Read more
Source: Maritime Connector
Shipping spared eco restrictions at global warming talks - so far3 years 6 months ago
Added: Dec 11, 2015 09:18
WORLD shipping appeared to win a reprieve from the ecologists' drive to reduce carbon emissions as the industry was not mentioned in the new draft climate change pact in Paris. Read more
Source: Maritime Connector
New £12m hybrid ferry set for launch at Ferguson yard3 years 6 months ago
Added: Dec 11, 2015 09:03
A new £12.3m diesel-electric hybrid ferry will be launched at the Ferguson Marine shipyard in Port Glasgow later. Read more
Source: Maritime Connector
9,000-TEU Maersk Saigon runs around near Santos, but quickly refloated3 years 6 months ago
Added: Dec 11, 2015 08:57
The Liberian-flagged, 9,000-TEU Maersk Saigon ran aground at the port of Santos, Brazil, having reportedly left the channel and hit bottom 30 metres beyond the fairway's edge. Read more
Source: Maritime Connector
Cosco and China Shipping merger plan receives Beijing approval3 years 6 months ago
Added: Dec 11, 2015 08:50
The long-awaited merger plan between Cosco and China Shipping, China’s two largest shipping conglomerates, has finally received the go-ahead from China’s State Council. Read more
Source: Maritime Connector
Excluding aviation and shipping emissions from COP deal makes 2°C limit close to impossible3 years 6 months ago
Added: Dec 11, 2015 08:49
The dropping of international aviation and shipping emissions from the draft Paris climate agreement published this week has fatally undermined the prospects of keeping global warming below 2°C, green NGOs Seas At Risk and Transport & Environment (T&E) have said. Read more
Source: Maritime Connector
China to introduce tough emissions controls for ships3 years 6 months ago
Added: Dec 11, 2015 08:46
China will introduce tough controls on ship emissions at three key port areas from January to reduce sulfur dioxide which results in acid rain, causing respiratory difficulties and sometimes premature death, said the Ministry of Transport. Read more
Source: Maritime Connector
Pirate Hackers Can Easily Spy on Ships Through Insecure 'Black Boxes'3 years 6 months ago
Added: Dec 10, 2015 11:46
Pirate hackers could track and spy on ships and cargo vessels by remotely hacking into their “black boxes,” according to a security researcher. Read more
Source: Maritime Connector
Polish saeafarers kidnapped off Nigerian coast freed3 years 6 months ago
Added: Dec 10, 2015 09:34
The Polish crew of a cargo vessel kidnapped last month off the Nigerian coast are safe and on their way home, Poland's Prime Minister Beata Szydlo said on Tuesday. Read more
Source: Maritime Connector
Captain over drink limit as he tried to steer ship in King George's Dock, Hull3 years 6 months ago
Added: Dec 10, 2015 09:31
A seafarer who took control of a ship while more than twice over the legal drink-drive limit has been given a suspended prison sentence. Read more
Source: Maritime Connector
Vale concludes the sale of VLOCs to ICBCL3 years 6 months ago
Added: Dec 10, 2015 08:58
Vale S.A. (Vale) and a consortium led by ICBC Financial Leasing, a 100 percent owned subsidiary of the Industrial and Commercial Bank of China, concluded the sale and purchase of four very large ore carriers of 400,000 tons deadweight owned and currently operated by Vale. Read more
Source: Maritime Connector
Venezuela's oil tanker backlog eases, PDVSA pays suppliers3 years 6 months ago
Added: Dec 10, 2015 08:50
A backlog of tankers around Venezuela has eased in recent days after state-run firm PDVSA paid pending invoices to oil suppliers and ship owners, according to trading sources and Reuters vessel tracking data. Read more
Source: Maritime Connector
Vancouver Airport Authority joins speaker panel at Border Security 20163 years 6 months ago
Added: Dec 10, 2015 08:18
SMi Reports: Vancouver Airport Authority confirmed as a sponsor and a speaker at Border Security 2016, February, Rome. Read more
Source: Maritime Connector
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